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Residential Real Estate Specialists

Bob Bracken
Agent
604-263-2823

Bob Bracken

Bob Bracken's real estate business is focused on helping people sell and buy investment real estate such as Apartment Buildings, Development Sites, Nursing Homes and Duplex, Triplex, Fourplex and other multi-residential properties. Bob's selling style focuses on working to provide Sellers and Buyers with all of the information they need to confidently make informed decisions on investment real estate.

749 E 16TH AVENUE
Mount Pleasant VE Vancouver V5T 2V5

$1,749,000
Commercial

Main Photo: 749 E 16TH AVENUE in Vancouver: Mount Pleasant VE Commercial for sale (Vancouver East)  : MLS®# C8065058
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Status:
Sold
Prop. Type:
Commercial
MLS® Num:
C8065058
Sold Date:
Jan 01, 2025
High Quality, 1st Class, True Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l extensive renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Opportunity own quality property w great Cash Flow in popular Van neighbourhood. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by Appt. Offers if any, will be presented Mon Dec 16 after 5:00pm. Email all offers bob@bobbracken.com
Price:
$1,749,000
Property Type:
Commercial
MLS® Num:
C8065058
Status:
Sold
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Listed by RE/MAX Real Estate Services
Data was last updated February 24, 2026 at 09:40 AM (UTC)
Bob Bracken

Email Bob Bracken

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